$90,000
SOLD JUL 17, 2017
1 Bed
1 Bath
900 Sq Ft
5,968 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

10% Below List Price

38 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Garage

About This Home

As of October 2020

Great investment opportunity, 900 SqFt, 1bdrm, 1 bath home for sale in the hot area of Fountain Square. Lots of work needed, being sold "AS IS", house is cleaned out and ready for a rehab.

Last Agent to Sell the Property

Brian Wayman

CENTURY 21 Scheetz License #RB14050582 Listed on: 04/27/2017

CENTURY 21 Scheetz

Last Buyer's Agent

Michael Mergell

Keller Williams LLC

Keller Williams LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $216

Year Built

  • Built in 1957

Lot Details

  • 5,968 Sq Ft Lot

Parking

  • Garage

Home Design

  • 900 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Aluminum Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Hubbard Martindale & Mccartys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491018184039000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$216

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1957
  • Garage Y N: Yes
  • Lot Size Acres: 0.137
  • Subdivision Name: HUBBARD MARTINDALE & MCCARTYS
  • Inspection Warranties: General
  • Property Description: Great investment opportunity, 900 SqFt, 1bdrm, 1 bath home for sale in the hot area of Fountain Square. Lots of work needed, being sold "AS IS", house is cleaned out and ready for a rehab.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 900
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 900
  • Main Level Sq Ft: 900
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 900
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 100000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491018184039000101
  • Acres: <1/4 Acre
  • Lot Number: 43
  • Lot Size: 5,968

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 216
  • Semi Annual Property Tax Amt: 108
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Anna Brochhausen School 88 Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Sep 29, 2020
Sold by
Starnes Rachel C and Starnes James R
Bought by
Messer Benjamin
Seller's Agent
Christi Coffey
F.C. Tucker Company
Buyer's Agent
Clark Giles
Your Realty Link, LLC
List Price
$474,900
Sold Price
$468,000
Premium/Discount to List
-$6,900
-1.45%
Current Estimated Value
$581,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,936
Avg. Annual Appreciation
4.60%
Original Mortgage
$374,400
Outstanding Balance
$336,189
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$245,747

Purchase Details

Listed on
Jun 5, 2018
Closed on
May 17, 2019
Sold by
Mergell Family Homes Llc
Bought by
Starnes Rachel C and Starnes James R
Seller's Agent
Michael Mergell
LPT Realty
Buyer's Agent
Christi Coffey
F.C. Tucker Company
List Price
$482,900
Sold Price
$430,000
Premium/Discount to List
-$52,900
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$408,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jul 17, 2017
Seller's Agent
Brian Wayman
CENTURY 21 Scheetz
Buyer's Agent
Michael Mergell
Keller Williams LLC
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.05%

Purchase Details

Closed on
Feb 22, 2017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 13, 2017
Sold by
Carter Bryan K and Stone Karen M
Bought by
Mascari Auction Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- Security Title Services
Deed $90,000 --
Deed $90,000 Attorneys Title Agency
Deed $61,000 --
Deed -- First American Title
Quit Claim Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,400 New Conventional
Previous Owner $408,500 New Conventional
Previous Owner $100,000 Seller Take Back
Previous Owner $25,000 Seller Take Back
Previous Owner $11,200 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $468,000 -1.5% $158 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $474,900 +10.4% $161 / Sq Ft
05/17/2019 05/17/19 Sold $430,000 -1.1% $158 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
10/25/2018 10/25/18 Price Changed $435,000 -2.2% $159 / Sq Ft
10/04/2018 10/04/18 Price Changed $445,000 -2.2% $163 / Sq Ft
07/25/2018 07/25/18 Price Changed $455,000 -3.8% $167 / Sq Ft
07/02/2018 07/02/18 Price Changed $472,900 -2.1% $173 / Sq Ft
06/05/2018 06/05/18 For Sale $482,900 +436.6% $177 / Sq Ft
07/17/2017 07/17/17 Sold $90,000 -10.0% $100 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $100,000 -- $111 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,235 $538,300 $44,900 $493,400
2023 $6,235 $512,700 $44,900 $467,800
2022 $5,097 $497,400 $44,900 $452,500
2021 $5,097 $427,500 $44,900 $382,600
2020 $4,540 $385,000 $44,900 $340,100
2019 $6,033 $255,300 $3,500 $251,800
2018 $5,615 $232,300 $3,500 $228,800
2017 $277 $42,600 $3,500 $39,100
2016 $216 $42,900 $3,500 $39,400
2014 $176 $35,600 $3,500 $32,100
2013 $162 $28,500 $3,500 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21481287

MIBOR Broker Listing Cooperative®

APN: 49-10-18-184-039.000-101